October 12, 2018

PGIM Fixed Income Q4 2018 Outlook - Standing Still: A Symptom of Less Synchronization and Giant Collisions

When investors recall the third quarter of 2018, many may cite the fractures that occurred in certain corners of the fixed income market. In its fourth-quarter outlook, PGIM Fixed Income evaluates the extent of the damage, the factors that contributed to the periodic volatility, how these issues may unfold going forward, and the nature of the opportunities that lie ahead.

October 05, 2018

Quincy Krosby’s Q4 2018 Commentary: Heads or Tails

While 2018 should finish on a high note, 2019 may provide many challenges, including the fading of fiscal stimulus, peak earnings and intensified scrutiny of the yield curve as concerns mount over the strength of the expansion. Choosing heads or tails correctly will matter as liquidity continues to be drained from the global financial system and accommodation wanes, says Quincy Krosby, Prudential's chief market strategist in her Q4 2018 market commentary, “Heads or Tails.”

August 31, 2018

QMA’s Q3 2018 outlook 'bearly bullish'

Earlier this year, global economic growth appeared to be coasting, with all major economies growing in unison for the first time since 2010. However, paths now appear to be diverging, shifted by escalating trade tensions, Italian politics and pockets of emerging market turmoil, according to QMA’s Q3 2018 Outlook & Review.

August 17, 2018

Free-falling Turkish lira—what’s next?

A dramatic sell-off has made the Turkish lira cheaper on an inflation-adjusted basis than it has been since the 1990s, but there are good reasons to avoid exposure to Turkish markets until an orthodox policy response from the government is forthcoming, according to PGIM Fixed Income’s macroeconomic team.

July 27, 2018

PGIM Fixed Income Q3 2018 Market Outlook: Of Flowers and Flesh Wounds

After a half year of ongoing global uncertainty, investors continue to find varied—and perhaps mixed—metaphors to explain the evolving fixed income landscape, according to this edition of PGIM Fixed Income’s Quarterly Outlook.

July 09, 2018

Market Focus: Inflation data, bank earnings, trade, and Federal Reserve speakers

During a week of strong economic data releases, as well as the implementation of the first tranche of tariffs against Chinese goods and Chinese counter tariffs against U.S. products (already discounted by the markets), markets enjoyed a respite from the escalation of trade concerns, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

June 29, 2018

Quincy Krosby’s Q3 2018 Commentary: The Road to Normal

We’re in a new environment that could shift if markets sense the Fed is making a policy mistake. This new backdrop calls for caution and selectivity, as companies now must earn investor approval as markets adjust, says Quincy Krosby, Prudential's chief market strategist in her Q3 2018 Market Commentary: “The Road to Normal

June 11, 2018

Kim Jong Un, ECB, FOMC meetings to dominate market

Three meetings will dominate markets this week: the U.S.-North Korea summit, and the meetings of the Federal Open Market Committee (FOMC) and the governing council of the European Central Bank (ECB), Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

June 04, 2018

Apple’s WWDC, G-7, North Korea summit will keep market busy this week

Headlines could have an important influence on the market this week with earnings season all but finished — pushing trade, tech, and the run-up to the back-on-again U.S.-North Korea summit to the forefront, Prudential’s Chief Market Strategist Quincy Krosby said Monday in her weekly “Connecting the Dots” outlook.

May 29, 2018

A global, risk-off market as Italy, Spain face political and fiscal challenges

Coming out of Memorial Day weekend, global markets have been gripped by political crises in the European Union, as Italy—the EU’s third-largest economy—will face another election and Spain’s prime minister faces a no-confidence vote, Prudential’s Chief Market Strategist Quincy Krosby said Tuesday in her weekly “Connecting the Dots” outlook.